Mortgage Real Estate Owned (REO Properties)

The insurance protection furnished under a mortgage lender placed product is a dual interest manuscript DP-3 form for residential properties and a named peril form for commercial exposures.

The maximum limit of liability is the loan amount at the time the policy was purchased, not to exceed $2,000,000.

Arcana’s servicing of the REO program is identical to the Mortgage Hazard program.

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